Mohammed Irfan

An enthusiastic and high-energy driven dynamic business analyst with an in depth knowledge in the AML Department (Transaction Monitoring-Corresponding banking (US & Germany). Client On- boarding. EDD. CDD, KYC).

Qualified Professional offering more than 6.2 years of experience in various processes within the AML

Department

Expertise in investigating and reviewing inactions to identify and ML/TF cautionary flags and rapidly disposition ing them along with

escalation cases which requires further review by the next level and also in creating the initial

investigation report to the FINCEN 

Total Experience : 6.5Yrs
Domain : AML & KYC
Position :  Fraud Investigator & Risk Analyst.
Experience from March 2019 to December 2022 as Senior Process Associate.
Roles and Responsibilities :
AML Transaction Monitoring (Correspondent Banking-US & Germany)
 As a Transaction Monitoring Analyst I was responsible for reviewing transactions to identify any Money Laundering or Terrorist Financing cautionary flags and rapidly dispositioning them along with escalating cases which requires further review by the next level.
Responsible for perform risk-based review on transaction monitoring cases, analyse trends and mitigate Money Laundering or Terrorist Financing risks with clear and concise narrative.
Investigate alerts and cases to identify unusual transaction and its pattern in line with AAA model (Assess, Analyse and Act) to support AML/Sanctions procedure.
Ensuring timely, efficient reporting of suspicious transactions to AML Compliance Office.
Monitor transactions to ensure compliance with state & federal law as well as internal policies & procedures as escalating issues as appropriate.
Performing gap analysis and identifying AML and/or Compliance/Regulatory issues compared to the laws and regulations in force.
Working knowledge of Transaction Monitoring systems (e.g. Enterprise Case Management System - ECM).
Working knowledge of Internet and MS Office suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.
Conducting Due Diligence which includes Lexis Nexis, Arachnys, World Check, Prime, Google, etc., to identify potential adverse information.
Banking: knowledge in terms of customers, products and transactions with expertise in at least one customer segment (retail, corporate and institutional banking, private banking, correspondent banking, Trade)
AML and Terrorist Financing transaction monitoring investigation/surveillance skills.
To prepare high-quality suspicious transaction reports to the authorities concerned.
Initiating an RFI (Request for Further Information) to the respective Relationship Manger’s to obtain additional information regarding the customer transactions.

 Williams lea Tag
Position: Process Executive 
Domain: AML and KYC
Experience from Feb 2019 to May2019 as Senior Process Associate.
AML Sanctions
Responsible for adherence to Payments and AML Sanctions rules/policies.
Performed timely verification of suspicious transactions and took immediate action.
Reviewed all required AML/ KYC Regulatory requirements for all clients and analyzing any transactions that appear unusual based on the customer’s profile.
To attend training and responsible for being updated on compliance related matters.
NTT DATA INFORMATION PROCESSING SERVICE PRIVATE LIMITED
 
Domain : AML and KYC
Position :  F & A Ops Process Associate
Grade : IC 
9  months Experience from November 2017 to July 2018 as Senior Process Associate.
 
Roles and Responsibilities :
AML Client On-boarding (US & UK)
Performing Client On boarding, Periodic Review and Enhanced Due Diligence on customers deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.
Analyzed potential Office of Foreign Assets Control (OFAC) hits to ensure transactions were in compliance with US Sanctions.
Incorporate compliance guidelines into account monitoring activities.
Conducted research, assisted and provided information to support suspicious activity reports (SAR) and made recommendations for red flags and patterns associated with the laundering of illicit finds.
Coordinate with various business support team or RM's about Client’s information.
Performing Screening of customer information using Lexis Nexis, World Check, Prime and Arachnys.
Contacting BU AMLO for blanket approvals or any other sign offs if required.
Responsible for ensuring and receiving all the KYC requirements for the new/existing clients.
Detecting and reporting unusual or suspicious transactions that potentially expose the bank to financial loss, increased expenses, reputation risk.
Reviewed Consumer customers identified as requiring further analysis and made risk decisions based upon Know Your Customer (KYC) standards.
Identified any missing information in the customer file and give an acknowledgement.
Initiated ID&V reports to onshore for updating the customer’s current details in the internal application.
Determine customer transaction patterns to better determine the fraudulent or the suspicious transaction taking place.
Identified and reported the accurate risk rating for individual/ non- individual accounts to highlight high risk jurisdiction and Politically Exposed Persons (PEPs).
Checked related customer’s and related individuals in case of deficiency in documents of the targeted customer.
Reported to Relationship Manger in case of any high risk scenarios being monitored.
Analyzed clients' database to create Customer Monitoring Report.
Performing Due Diligence for new client on-boarding within SLA.
Performed unwrapping to find the Ultimate Beneficial Owner (UBO) of the business.
Performing further investigation on identified suspicious client or client’s transactions and report to Anti Money Laundering Compliance officer. 
Periodically evaluate existing clients according to established policies and procedures.
Review the task performed by the analysts and ensures that the whole lot is accurate and up to date.
Performing investigation by obtaining and verifying the documents for high risk clients based on the trigger events like Politically Exposed Persons (PEP), Sanction, Adverse Media, etc. 
Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents. 
Have a thorough understanding of client’s business and related parties in order to monitor client’s activities for unusual transactions

Total Experience : 6.5Yrs
Domain : AML & KYC
Position :  Fraud Investigator & Risk Analyst.
Experience from March 2019 to December 2022 as Senior Process Associate.
Roles and Responsibilities :
AML Transaction Monitoring (Correspondent Banking-US & Germany)
 As a Transaction Monitoring Analyst I was responsible for reviewing transactions to identify any Money Laundering or Terrorist Financing cautionary flags and rapidly dispositioning them along with escalating cases which requires further review by the next level.
Responsible for perform risk-based review on transaction monitoring cases, analyse trends and mitigate Money Laundering or Terrorist Financing risks with clear and concise narrative.
Investigate alerts and cases to identify unusual transaction and its pattern in line with AAA model (Assess, Analyse and Act) to support AML/Sanctions procedure.
Ensuring timely, efficient reporting of suspicious transactions to AML Compliance Office.
Monitor transactions to ensure compliance with state & federal law as well as internal policies & procedures as escalating issues as appropriate.
Performing gap analysis and identifying AML and/or Compliance/Regulatory issues compared to the laws and regulations in force.
Working knowledge of Transaction Monitoring systems (e.g. Enterprise Case Management System - ECM).
Working knowledge of Internet and MS Office suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.
Conducting Due Diligence which includes Lexis Nexis, Arachnys, World Check, Prime, Google, etc., to identify potential adverse information.
Banking: knowledge in terms of customers, products and transactions with expertise in at least one customer segment (retail, corporate and institutional banking, private banking, correspondent banking, Trade)
AML and Terrorist Financing transaction monitoring investigation/surveillance skills.
To prepare high-quality suspicious transaction reports to the authorities concerned.
Initiating an RFI (Request for Further Information) to the respective Relationship Manger’s to obtain additional information regarding the customer transactions.

 Williams lea Tag
Position: Process Executive 
Domain: AML and KYC
Experience from Feb 2019 to May2019 as Senior Process Associate.
AML Sanctions
Responsible for adherence to Payments and AML Sanctions rules/policies.
Performed timely verification of suspicious transactions and took immediate action.
Reviewed all required AML/ KYC Regulatory requirements for all clients and analyzing any transactions that appear unusual based on the customer’s profile.
To attend training and responsible for being updated on compliance related matters.
NTT DATA INFORMATION PROCESSING SERVICE PRIVATE LIMITED
 
Domain : AML and KYC
Position :  F & A Ops Process Associate
Grade : IC 
9  months Experience from November 2017 to July 2018 as Senior Process Associate.
 
Roles and Responsibilities :
AML Client On-boarding (US & UK)
Performing Client On boarding, Periodic Review and Enhanced Due Diligence on customers deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.
Analyzed potential Office of Foreign Assets Control (OFAC) hits to ensure transactions were in compliance with US Sanctions.
Incorporate compliance guidelines into account monitoring activities.
Conducted research, assisted and provided information to support suspicious activity reports (SAR) and made recommendations for red flags and patterns associated with the laundering of illicit finds.
Coordinate with various business support team or RM's about Client’s information.
Performing Screening of customer information using Lexis Nexis, World Check, Prime and Arachnys.
Contacting BU AMLO for blanket approvals or any other sign offs if required.
Responsible for ensuring and receiving all the KYC requirements for the new/existing clients.
Detecting and reporting unusual or suspicious transactions that potentially expose the bank to financial loss, increased expenses, reputation risk.
Reviewed Consumer customers identified as requiring further analysis and made risk decisions based upon Know Your Customer (KYC) standards.
Identified any missing information in the customer file and give an acknowledgement.
Initiated ID&V reports to onshore for updating the customer’s current details in the internal application.
Determine customer transaction patterns to better determine the fraudulent or the suspicious transaction taking place.
Identified and reported the accurate risk rating for individual/ non- individual accounts to highlight high risk jurisdiction and Politically Exposed Persons (PEPs).
Checked related customer’s and related individuals in case of deficiency in documents of the targeted customer.
Reported to Relationship Manger in case of any high risk scenarios being monitored.
Analyzed clients' database to create Customer Monitoring Report.
Performing Due Diligence for new client on-boarding within SLA.
Performed unwrapping to find the Ultimate Beneficial Owner (UBO) of the business.
Performing further investigation on identified suspicious client or client’s transactions and report to Anti Money Laundering Compliance officer. 
Periodically evaluate existing clients according to established policies and procedures.
Review the task performed by the analysts and ensures that the whole lot is accurate and up to date.
Performing investigation by obtaining and verifying the documents for high risk clients based on the trigger events like Politically Exposed Persons (PEP), Sanction, Adverse Media, etc. 
Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents. 
Have a thorough understanding of client’s business and related parties in order to monitor client’s activities for unusual transactions

I have done my pg Master of Computer Applications in Anna University Chennai, India